Italian engineering group Maire Tecnimont said on Thursday 'it is not part of any project of integration with Saipem,' after fears of a potential tie up had pushed its shares down 6%.The idea of merging the two companies first emerged several…
Shares in Italian energy services group Saipem slid to their lowest level in three decades after a shock profit warning left leading shareholders scrambling to find a way to bolster the company's finances.At 1045 GMT the shares were down 4%…
Italy's Saipem risks becoming a casualty of the transition to cleaner energy after a shock profit warning left leading shareholders scrambling to shore up the finances of the energy services company.The Saipem board met on Tuesday to discuss the situation…
Italian energy services group Saipem is talking to investors about a possible funding package, the group said on Monday after warning it will take a heavy loss for 2021, triggering a halt in its shares to prevent a stinging sell-off.Saipem has…
Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project…
Offshore installation firm Havfram has won a contract for subsea umbilicals, risers, and flowlines support work in Egypt for Saipem. The contract will see Havfram deploy a laying and construction vessel offshore Egypt to the Zohr field, the largest gas field in the Mediterranean Sea…
Italian offshore energy services firm Saipem has chartered Edda Accommodation's Edda Fides offshore accommodation vessel.The contract, starting in the second half of 2022 is for the Edda Fides' deployment in the Mauritania/Senegal joint maritime…
Dieseko has secured a contract with Italian offshore services firm Saipem for the supply of the Vibratory Hammer used to install the monopiles on the Calvados offshore wind farm in France.Saipem in February 2021 secured a contract worth 460…
Brazilian oil company Petrobras has awarded Italy's Saipem a new contract worth $940 million for the delivery of subsea umbilicals, risers, and flowlines (SURF) for the installation of a rigid riser-based subsea system for a project offshore Brazil…
Norwegian offshore vessel operator Solstad Offshore has said Wednesday it had secured a contract for its Normand Maximus construction support vessel.The contract is with an unnamed 'major energy company.' The contract starts immediately, and…
Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…
Greater Tortue Ahmeyim, the Kosmos and BP-backed gas project straddling Mauritania and Senegal, has resumed activities and is making 'good headway,' Mauritania's oil minister told an oil conference in Senegal on Thursday.'We have resumed our activities…
Just a few days after South Korea's shipbuilder Samsung Heavy Industries said it had found a potential buyer for a drillship originally ordered in 2014, without revealing the buyer's name, drilling firm Stena Drilling confirmed the deal on Tuesday…
Inland and Coastal Marina Systems (ICMS) said Tuesday it had installed a new 30-meter pontoon for the Montrose Port Authority to service the Seagreen Offshore Wind Farm, Scotland’s largest wind farm.The new 30m x 4.4m pontoon will allow safe…
South Korean shipbuilder Samsung Heavy Industries said Wednesday it had found a buyer for a drillship originally ordered in 2014.The company said the drillship had been sold to a European drilling company, without sharing the identity of the buyer…
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